The information below regarding new delinquencies and cures is reported
to Radian from loan servicers. Default reporting, particularly on a
monthly basis, may be affected by several factors, including the date on
which the report is generated and transmitted to Radian, updated
information submitted by servicers and by the timing of servicing
transfers.

August 2014

Primary New Insurance Written ($ in billions)

$3.59

Beginning Primary Delinquent Inventory (# of loans)

47,870

Plus: New Delinquencies

4,361

Less: Cures

(3,497)

Less: Paids

(including those charged to a deductible or captive)

(1,177)

Less: Rescissions and Denials (1)

(193)

Ending Primary Delinquent Inventory (# of loans)

47,364

(1)

Rescissions and Denials are net of actual reinstatements for
the period. For additional details on reinstatement trends as of
June 30, 2014, refer to Slide 21 of Radian’s Second Quarter 2014
Presentation Slides available in the Investors section of Radian’s
website at www.radian.biz.

About Radian

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
private mortgage insurance and related risk mitigation products and
services to mortgage lenders nationwide through its principal operating
subsidiary, Radian Guaranty Inc. These services help promote and
preserve homeownership opportunities for homebuyers, while protecting
lenders from default-related losses on residential first mortgages and
facilitating the sale of low-downpayment mortgages in the secondary
market. Additional information may be found at www.radian.biz.

Forward-Looking Statements

Some of the statements in this press release may constitute
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities and Exchange Act
of 1934 and the United States Private Securities Litigation Reform Act
of 1995. Words such as "will," "expects," "believes" and similar
expressions are used to identify these forward-looking statements. These
forward-looking statements, which may include without limitation,
projections regarding our future performance and financial condition,
are made on the basis of management’s current views and assumptions with
respect to future events. Any forward-looking statement is not a
guarantee of future performance and actual results could differ
materially from those contained in the forward-looking statement. These
statements speak only as of the date they were made, and we undertake no
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. We operate
in a changing environment. New risks emerge from time to time and it is
not possible for us to predict all risks that may affect us. For more
information regarding these risks and uncertainties as well as certain
additional risks that we face, you should refer to the Risk Factors
detailed in Item 1A of Part I of our Annual Report on Form 10-K for the
year ended December 31, 2013, Item 1A of Part II of our Quarterly
Reports on Form 10-Q filed in 2014, and subsequent reports and
registration statements filed from time to time with the Securities and
Exchange Commission.